You’ll have an extra step to take if you have new employees who start from 1 November 2021 and they don’t choose a super fund. A stapled super fund is an existing super account of an employee that follows them as they change jobs. This change aims to stop your new employees paying extra
The Queensland Government has now released details for the 2021 COVID-19 Business Support Grant to assist business affected by the most recent lockdowns. The initial grant will be $5,000 (excluding GST) which can be used for business expenses. Under the joint Queensland and Australian Government support package recently announced 13 August 2021, an additional
If super is not paid by the due date, it is not tax deductible. By law, the ATO cannot extend the due date to pay super. If you miss a deadline to pay your quarterly SG contributions, you need to lodge a superannuation guarantee charge statement to the ATO. If you have partially paid
If super is not paid by the due date, it is not tax deductible. By law, the ATO cannot extend the due date to pay super. If you miss a deadline to pay your quarterly SG contributions, you need to lodge a superannuation guarantee charge statement to the ATO. The ATO understand businesses may
